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TAMAZGHA

Active
Private limited companyfounded 20233 yrs activeKBO/BCE: BE 0795.728.810
Summary

The computed 12-month bankruptcy probability of TAMAZGHA is 22.7% (high). The 2024 annual accounts show negative equity (-€7,080) and a net result of -€1,340. Its solvency ranks better than 12% of 18935 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Checked score

Score 2024
Axes · tick = 2023
Profitability50▲+50
Solvency0=
Growth58
Track record86
Bankruptcy probability, 12 months
22.7% High
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.22 against 0.39 in 2023; short-term debt: 180.3% and cash: 7.1% of total assets), and equity is negative.
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Signals

Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-80.3%
Return on assets
-15.2%
Age of the figures
21 mo
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
2324
2023 to 2024 · latest year -€7,080
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-10-2025, 64 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
64 d late
2023
231 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 148 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

TAMAZGHA was incorporated on 4 January 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
-€7,080▼ 23.3%
2023 · -€5,740
Total assets
€8,821▼ 43.1%
2023 · €15,498
Net result
-€1,340▲ 94.6%
2023 · -€24,740
Working capital
-€12,465▲ 3.5%
2023 · -€12,920
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result-€24,663--€1,338▲ 94.6%
Net result-€24,740below the sector's middle half--€1,340within the sector's middle half▲ 94.6%
Equity-€5,740below the sector's middle half--€7,080below the sector's middle half▼ 23.3%
Total assets€15,498below the sector's middle half-€8,821below the sector's middle half▼ 43.1%
Debt€21,238-€15,901▼ 25.1%
Working capital-€12,920within the sector's middle half--€12,465within the sector's middle half▲ 3.5%
Solvency-37.0%below the sector's middle half--80.3%below the sector's middle half▼ 43.2pp
Current ratio0.39below the sector's middle half-0.22below the sector's middle half▼ 0.18
Return on assets (ROA)-159.6%below the sector's middle half--15.2%below the sector's middle half▲ 144.4pp
above within below the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0Operating result 2023: -€24,663-€24,663Net result 2023: -€24,740-€24,740Operating result 2024: -€1,338-€1,338Net result 2024: -€1,340-€1,34020232024-€30,000-€20,000-€10,000€0Operating result 2023: -€24,663-€24,700Net result 2023: -€24,740-€24,700Operating result 2024: -€1,338-€1,340Net result 2024: -€1,340-€1,34020232024
The operating result stays negative: a loss of €1,338 in 2024 against €24,663 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €8,821
Fixed assets €5,385 ▼ 25.0%
Current assets €3,436 ▼ 58.7%
Key figures and ratios
2024 value · change against 2023
EBITDA
€457▲
2023 · -€21,908
Cash flow
€455▲
2023 · -€21,986
Debt to equity
-2.25▲
2023 · -3.70
Interest coverage
278.59▲
2023 · -283.60
Debt ≤ 1 year
€15,901▼
2023 · €21,238
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.9% went bankrupt
5.6% stopped otherwise
85% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 22.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,638 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 33 lines
Balance sheet Code20232024
Assets
Total assets20/58€15,498€8,821▼
Fixed assets21/28€7,180€5,385▼
Intangible fixed assets21€5,600€4,200▼
Tangible fixed assets22/27€1,580€1,185▼
Plant, machinery and equipment23€1,580€1,185▼
Current assets29/58€8,318€3,436▼
Stocks and contracts in progress3€3,770-
Stocks30/36€3,770-
Amounts receivable within one year40/41€2,510€2,809▲
Other amounts receivable41€2,510€2,809▲
Cash at bank and in hand54/58€2,037€627▼
Equity and liabilities
Total equity and liabilities10/49€15,498€8,821▼
Equity10/15-€5,740-€7,080▼
Contributions10/11€19,000€19,000=
Capital10€19,000€19,000=
Issued capital100€19,000€19,000=
Profit (loss) carried forward14-€24,740-€26,080▼
Amounts payable17/49€21,238€15,901▼
Amounts payable within one year42/48€21,238€15,901▼
Trade debts44€1,625€1,101▼
Suppliers440/4€1,625€1,101▼
Other amounts payable47/48€19,612€14,800▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,754€1,795▼
Other operating charges640/8€184€250▲
Gross operating margin9900-€21,724€707▲
Operating profit (loss)9901-€24,663-€1,338▲
Financial charges65/66B€77€2▼
Recurring financial charges65€77€2▼
Profit (loss) for the period before taxes9903-€24,740-€1,340▲
Profit (loss) for the period9904-€24,740-€1,340▲
Profit (loss) for the period to be appropriated9905-€24,740-€1,340▲
Appropriation of the result
Profit (loss) to be appropriated9906-€24,740-€26,080▼
Profit (loss) brought forward from the previous period14P--€24,740

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,754€1,795▼ 34.8%
Other operating charges640/8€184€250▲ 35.9%
Gross operating margin9900-€21,724€707▲ 103%
Operating profit (loss)9901-€24,663-€1,338▲ 94.6%
Financial charges65/66B€77€2▼ 97.9%
Recurring financial charges65€77€2▼ 97.9%
Profit (loss) for the period before taxes9903-€24,740-€1,340▲ 94.6%
Profit (loss) for the period9904-€24,740-€1,340▲ 94.6%
Profit (loss) for the period to be appropriated9905-€24,740-€1,340▲ 94.6%
Line20232024Change
Assets
Total assets20/58€15,498€8,821▼ 43.1%
Fixed assets21/28€7,180€5,385▼ 25.0%
Intangible fixed assets21€5,600€4,200▼ 25.0%
Tangible fixed assets22/27€1,580€1,185▼ 25.0%
Plant, machinery and equipment23€1,580€1,185▼ 25.0%
Current assets29/58€8,318€3,436▼ 58.7%
Stocks and contracts in progress3€3,770--
Stocks30/36€3,770--
Amounts receivable within one year40/41€2,510€2,809▲ 11.9%
Other amounts receivable41€2,510€2,809▲ 11.9%
Cash at bank and in hand54/58€2,037€627▼ 69.2%
Equity and liabilities
Total equity and liabilities10/49€15,498€8,821▼ 43.1%
Equity10/15-€5,740-€7,080▼ 23.3%
Contributions10/11€19,000€19,000=
Capital10€19,000€19,000=
Issued capital100€19,000€19,000=
Profit (loss) carried forward14-€24,740-€26,080▼ 5.4%
Amounts payable17/49€21,238€15,901▼ 25.1%
Amounts payable within one year42/48€21,238€15,901▼ 25.1%
Trade debts44€1,625€1,101▼ 32.2%
Suppliers440/4€1,625€1,101▼ 32.2%
Other amounts payable47/48€19,612€14,800▼ 24.5%
Line20232024Change
Profit (loss) for the period9904-€24,740-€1,340▲ 94.6%
+ Depreciation and write-downs630€2,754€1,795▼ 34.8%
Operating cash flow (approximation)-€21,986€455▲ 102%
Investment in fixed assets (approximation)-€0-
Change in cash--€1,410-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
08-06
KBO administration Address struck
event 10-04-2026
2025
03-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 64 days late
19-03
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 231 days late
SignalNBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
126 m²
Building footprint
111 m²
Volume, LiDAR
709 m³
Parcel 11003B0036/00F007, Flanders · tallest building 13.4 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
SNACK RIF
Food and beverage service activities
since 20232.340.582.086
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11003B0036/00F007 Flanders 126 m² 1 · 111 m² 13.4 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Antwerpen2.340.582.086
1 permission
Toelating · Eetgelegenheid · since 10-02-2023

Similar companies · same sector

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector. Of 21,853 companies in sector 56112 we hold annual accounts for 9,781. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded04-01-2023
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
56220Contract catering and other food service activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0795728810
Registered 27-03-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.